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About Eloncity The Eloncity platform fosters the decentralization of energy infrastructure into the so-called microgrids. The electricity produced is available 24 hours a day and can compete with today's municipal institutions. City residents will use Eloncity technology to make electricity less expensive (or even free) and the cost – more transparent. The project features blockchain-based trade system with AI algorithm, smart energy storage systems, appliances driven directly by DC and the Proof of Stored Power (PoSp).
Eloncity uses blockchain to record transactions in the community and establish an auditable record for tracking the sources of electricity generation in the community. A crypto utility token (Eloncity Token, ECT) facilitates local energy exchange and incentivizes investment in battery energy storage systems (BESS) for storing harvested renewable energy on the customer's property. The Eloncity Foundation will collaborate with financial partners, government agencies, and other key stakeholders to establish revolving loans, which will help initiate the Eloncity project in communities lacking necessary funds.
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2021.Q4
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Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
The project has the following strengths which are worth noting:
● Ambitious, keeping up with the time, idea.
● Potential to occupy a significant industry’s niche and solve relevant industry problems.
● Eloncity implemented it in the USA and successfully launched in the village in San Juanico, B.C.S. in Mexico, built a standalone micro-grid. Publicly first Eloncity microgrid (ECTP-enabled) is planned to be proposed at the same time as ECT sale event.
● This year, Eloncity developers are aimed at fully launching AI, which will be promptly determining the optimal price. In addition, depending on the financing, it is planned to launch the construction of an innovative center for renewable energy production, using equipment, which every contract manufacturer is welcome to make and open technologies.
● Already available iCAN (fully integrated smart contract residential energy storage system (rESS) that time-shifts energy use and enables a better use of renewable energy) for USD 999 with USA shipping. In addition of being rESS, iCAN also has a number of integrated IoT features: smart outlets, Wi-Fi extender, optional WPC compatible wireless charger. As of the report date, the NetZero is under finalization and is and scheduled to pass the UL safety standard.
● Healthy vesting conditions;
● Venture funds as Investors & Partners.
13-May. Sergey: New interesting project from Krypital. The project is similar to Electrify.Asia, Wepower, Power Ledger. CEO of Arcblock is advising the project. No info about cap, sale will be held on Tokeneed. Similar projects have good ROI.
14-May. Sergey: We are waiting for token metrics. I have an insight that this project is the most significant for Krypital. Link
30-May. Alexey: I have it on my radar.
Sergey: It is another project of Krypital Group. Cap might be a little bigger than for Meculet and Egretia as far as I know. I have a feeling that this project might be even better than Merculet and Egretia.
Alexey: I like all three projects equally.
ELONCITY ICO decentralizes our power infrastructure into millions of self sufficient microgrids. Locally produced energy is available 24/7 and directly competitive to utilities.
